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MCQs Based on Economics
Hello! I am Yashika QUALIFICATION: BCA GRADUATE MASTER OF BUSINESS ADMINISTRATION INFORMATION TECHNOLOGY
https://unacademy.com/ user/yashikatandon19 Yashika Tando Passionate about Teaching improve yourself to Prove yourself Freelance wiiter 2.045 This month views N 75,405 Lifetime Views 30 Courses 7.2k Followes Objective De taa or olysis of question papers Extro information e Undorstand the pattem e Torgo1 5sC CHSL 2018 y Yashika Tandon Dy Yashika Tandon (Hindi) Previous Years Questions on General Awareness Section... (Hindi) Crash Course on Verbs for SSC CGL s Lessons
Q 31.Which one is not the main objective of fiscal policy in India? SSC CGL (27/08/2016) 1) To increase liquidity in the economy 2) To promote price stability 3) To minimize the inequalities of income & wealth 4) To promote employment opportunity
Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy. It is the sister strategy to monetary policy through which a central bank influences a nation's money supply. Apr 18, 2017
32 Trickle down theory ignores the impact of economic growth on (27/08/2016) 1) Investment 2) Savings 3) Income distribution 4) Consumption
Trickle down theory suggests that a policy of tax cuts and other financial benefits to businesses and rich individuals will indirectly benefit the broader and poor population The basic principle of trickle down theory is that if top income earners havemore money, they will investtheir money in businesses that will produce goods at lower prices and employ more people. The principle tenetof the theory is that economic growth flows from the top to the bottom.
Q33.Purchasing Power Parity theory is related with Interest rate Bank rate Wage rate Exchange rate
Q34. "Dear Money" means Low rate of interest High rate of interest Depression inflation
Purchasing power parity. The alternative to using market exchange rates is to use purchasing power parities (PPPs). The purchasing power of a currency refers to the quantity of the currency needed to purchase a given unit of a good, or common basket of goods and services.